Trust Chemists and Druggists Private Limited

Trust Chemists and Druggists Private Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U51397KA2003PTC031802 Incorporated 09 April 2003 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company pharma MSME · Medium
Revenue · FY 2025
₹203.77 Cr
▲ 35% YoY
Net profit · FY 2025
₹6.66 Cr
Net margin 3.3%
EBITDA · FY 2025
₹19.65 Cr
EBITDA margin 9.6%
Authorised capital
₹71.75 Cr
Registered with MCA
Paid-up capital
₹71.7 Cr
Issued & subscribed
Open charges
₹23 Cr
Satisfied ₹2 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
324
Provident fund records

About Trust Chemists and Druggists Private Limited

Data last updated:

Trust Chemists and Druggists Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 09 April 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51397KA2003PTC031802. Its GSTIN is 29AACCT5476C1Z7 (Karnataka). The company holds 6 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹71.75 Cr and a paid-up capital of ₹71.7 Cr. It was formerly known as Trust Chemists and Druggists Limited and Trust Pharmacy (India) Private Limited. It is led by directors including Hemanth Kumar Bothra (Managing Director) and Leela Kanwar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.3Bm 416 Hrbr Extension 3rd Block Kacharakanahalli, Bangalore, Karnataka, India – 560043.

As per the financials filed for FY 2025, the company reported a revenue of ₹203.77 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹6.66 Cr (net margin 3.3%) and EBITDA of ₹19.65 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.

The company has about 324 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Trust Chemists And Druggists. As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹2 Cr on record. Court records list 20 cases involving the company, including 16 filed by the company and 4 filed against it; 4 cases are pending. The company has 9 deals on record (3 convertible or debt financings, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹64.31 Cr; the latest was in December 2023. The company has 14 MSME Form 1 returns on record between 2019 and 2023, listing 586 overdue payments to 45 micro and small suppliers.

Trust Chemists and Druggists Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0021506). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trustpharmacy.co.in.

Company details

CIN U51397KA2003PTC031802
Registration Number 031802
Incorporation Date 09 April 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0021506

Name history

Trust Chemists and Druggists has undergone 3 name changes throughout its history. The company was previously known as Trust Chemists And Druggists Limited, Trust Pharmacy (India) Private Limited, and Trust Chemists And Druggists Private Limited. The current legal name is Trust Chemists And Druggists Private Limited.

Company NameStatus
Trust Chemists and Druggists Private LimitedCurrent
Trust Chemists And Druggists LimitedPrevious
Trust Pharmacy (India) Private LimitedPrevious

CIN history

Trust Chemists and Druggists has one previous CIN (Corporate Identification Number): U51397KA2003PLC031802. The current CIN is U51397KA2003PTC031802, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51397KA2003PTC031802Current
U51397KA2003PLC031802Previous
Key People
Hemanth Kumar Bothra Managing Director Dinyar Dhun Elavia Nominee Director Leela Kanwar Director

Recognitions & Rankings of Trust Chemists and Druggists

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0021506

Contact details

Trust Chemists and Druggists Private Limited's registered office is in Bangalore, Karnataka. Its website is trustpharmacy.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    trustpharmacy.co.in
  • Social Media
  • Registered Address
    No.3Bm 416 Hrbr Extension 3rd Block Kacharakanahalli, Bangalore, Karnataka, India – 560043
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Trust Chemists and Druggists Private Limited, buy the company report.

Comprehensive company report
Trust Chemists and Druggists Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Trust Chemists and Druggists operates one associated brand: Trust Chemists And Druggists. Each brand links to its own profile.

BrandDescriptionWebsite
Trust Chemists And Druggists
Verified pharmaceuticals and pharmacist-led healthcare services are provided.trustpharmacy.co.in

Business activity

The main business activity of Trust Chemists and Druggists is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Trust Chemists and Druggists Private Limited, buy the company report.

Financials of Trust Chemists and Druggists Private Limited

FY 2025 filings available

Trust Chemists and Druggists Private Limited reported revenue of ₹203.77 Cr (up 35% YoY) for FY 2025.

Revenue · FY 2025
₹203.77 Cr ▲ 35%
Net profit · FY 2025
₹6.66 Cr margin 3.3%
EBITDA · FY 2025
₹19.65 Cr margin 9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 34%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 117%
5 years · compounded
▲ 78%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 35% growth in the latest year. EBITDA rose 27% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹19.65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.66 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.6%
Net Profit Margin3.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Trust Chemists and Druggists Private Limited, buy the company report.

Board of directors of Trust Chemists and Druggists Private Limited

Trust Chemists and Druggists has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinyar Dhun Elavia
Also directs: Vnurture Healthcare Software Solutions Private Limited
Nominee Director07 Dec 20232 Years 11 MonthsCurrent
Hemanth Kumar Bothra
Also directs: Nokha Trading LLP, Abhilash Life Sciences LLP, Nokha Life Sciences LLP and 2 more
Managing Director09 Jun 200323 Years 5 MonthsCurrent
Leela Kanwar
Also directs: Nokha Life Sciences LLP, Lyrus Life Sciences Private Limited, QP Health Services Limited
Director01 Sep 20188 Years 2 MonthsCurrent
View all directors

Auditor

Trust Chemists and Druggists Private Limited is audited by K KOTRESH & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K KOTRESH & CO.FY 2023001426S

Shareholding

The shareholding of Trust Chemists and Druggists Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Trust Chemists and Druggists Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
State Bank of India₹22.00 Cr
State Bank of Mysore₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jan 200480053174State Bank of Mysore₹1 CrOpen
20 Jan 200480053175State Bank of India₹22 CrOpen
18 Oct 200580053173State Bank of Indore₹2 CrSatisfied

To see the full charge records of Trust Chemists and Druggists Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Trust Chemists and Druggists Private Limited has 9 deals on record (3 convertible or debt financings, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹64.31 Cr; the latest was in December 2023.

Total deals
9
Convertible or debt financings
3
Rights issues
2
Secondary share transfers
2
Funding round
1
Disclosed funding
₹64.31 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Dec 2023Funding round₹34.24 CrInvestors: Micro Labs Limited
Dec 2023Secondary share transferUndisclosedBuyer: Micro Labs Limited
Seller: Nokha Trading LLP
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: Tuscan Consultants and Developers Private Limited
Mar 2020Rights issue₹1.2 CrInvestors: Nokha Trading LLP
Sep 2018Rights issue₹1 CrInvestors: Nokha Trading LLP

To see the full deal history of Trust Chemists and Druggists Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Trust Chemists and Druggists Private Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 586 overdue payments to 45 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 45)

SupplierAmount dueDue sinceReported on
Mahajan & Co
an individual supplier
Shreya Pharma
an individual supplier
an individual supplier

To see the full MSME payment records of Trust Chemists and Druggists Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Trust Chemists and Druggists has 6 GST registrations: 4 active and 2 cancelled or inactive.

Total GSTINs
6
Active
4
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AACCT5476C1Z7KarnatakaActive01 Jul 2017
37AACCT5476C1ZAAndhra PradeshActive14 Feb 2020
33AACCT5476C1ZITamil NaduActive02 Jun 2023
36AACCT5476C2ZBTelanganaActive07 Feb 2024

To see the full GST registrations and return filing status of Trust Chemists and Druggists Private Limited, buy the company report.

Recent activity

Trust Chemists and Druggists Private Limited has 9 board changes on record since 2003: 3 appointments and 6 cessations. The latest: Gundala Ramireddy ceased to be Director on 08 Feb 2024.

AGM
Trust Chemists And Druggists Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 22.00 Cr registered on 20 Jan 2004 with Charge ID 80053175 was modified on 26 Jun 2025.
Filing
Trust Chemists And Druggists Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gundala Ramireddy ceased to be Director.
Appointed
Dinyar Dhun Elavia was appointed as Nominee Director.
Ceased
Palaniandy Krishnamurthy ceased to be Director.
Ceased
Kedareshwar Ravva ceased to be Additional Director.
Ceased
Leela Kanwar ceased to be Additional Director.
Ceased
Chillale Govindaraj ceased to be Director.
Appointed
Leela Kanwar was appointed as Director.
Ceased
Jakatha Ramachandra Rao Venu ceased to be Director.
Charges
A charge registered on 18 Oct 2005 via Charge ID 80053173 with State Bank Of Indore was fully satisfied on 26 May 2010.

5 earlier events are in the company report.

Frequently asked questions

Trust Chemists and Druggists is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 09 April 2003 (23+ years old) and is registered under CIN U51397KA2003PTC031802.

Trust Chemists and Druggists has 3 current directors:

The latest financial statements of Trust Chemists and Druggists on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Trust Chemists and Druggists is 29AACCT5476C1Z7, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 37AACCT5476C1ZA (Andhra Pradesh), 33AACCT5476C1ZI (Tamil Nadu), 36AACCT5476C2ZB (Telangana).

The CIN (Corporate Identification Number) of Trust Chemists and Druggists is U51397KA2003PTC031802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Trust Chemists and Druggists has 20 court cases on record: 16 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.

Trust Chemists and Druggists was incorporated on 09 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Trust Chemists and Druggists has 9 deals on record (3 convertible or debt financings, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹64.31 Cr; the latest was in December 2023.

Gundala Ramireddy ceased to be Director on 08 Feb 2024. Dinyar Dhun Elavia was appointed as Nominee Director on 07 Dec 2023. Palaniandy Krishnamurthy ceased to be Director on 04 May 2021. Trust Chemists and Druggists has 9 board changes on record in total.

Yes, Trust Chemists and Druggists is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0021506).

Trust Chemists and Druggists has 14 MSME Form 1 returns on record between 2019 and 2023, listing 586 overdue payments to 45 micro and small suppliers. The latest return was filed on 20 Nov 2023.